inflation

The cost of holiday baking will be higher this year as prices for eggs are up 49.1% over last year, according to the Consumer Price Index. (Photo by Brandon Bell/Getty Images)

Here’s why food prices remain stubbornly high even as inflation cools

BY: - December 28, 2022

Shoppers hoping for a little relief at the grocery store for their holiday meals will be disappointed by the Consumer Price Index released Tuesday. The CPI shows inflation cooling but food prices — particularly for some holiday staples — remain high. The CPI increased 0.1% in November, which was lower than some economists expected. Over […]

Studies show gains against childhood hunger were lost after child tax credit ended

BY: - November 15, 2022

An article in the Journal of the American Medical Association in October confirmed previous research that food insecurity increased substantially after the expiration of federal monthly advanced child tax credits on Jan. 15, 2022. The study looked at the period between January and July of this year in a series of national surveys, and found […]

COMMENTARY

Four issues voters care about this election season

BY: - November 7, 2022

With elections coming tomorrow, reporters across the state are asking voters what issues matter to them. I saw a recent survey done by 10TV  that caught my eye.  This survey was a quick, small survey that likely had a convenience sample, but it still gives us some perspective on what voters are talking about. Asking […]

The Fed raises interest rates again, signals more coming despite pressure to slow the pace

BY: - November 3, 2022

The Federal Reserve announced on Wednesday that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4%. Federal Reserve Chair Jerome Powell said during a press conference following the announcement that the “historically fast pace” of […]

COMMENTARY

Abortion is not influencing most voters as midterms approach – economic issues are predominating

BY: - November 2, 2022

By Matthew A Baum, Harvard Kennedy School; Alauna Safarpour, Harvard Kennedy School; Jonathan Schulman, Northwestern University, and Kristin Lunz Trujillo, Harvard Kennedy School Since the Supreme Court’s June 2022 Dobbs v. Jackson decision overturning the constitutional right to abortion, election observers have raised questions about whether and how the issue of abortion will influence the […]

COMMENTARY

Republican ‘solutions’ will make inflation worse

BY: - October 26, 2022

My wife and I recently had the tremendous misfortune of needing to buy a car. Car prices, you may know, reached an all-time high between this year and last. There are now rumblings of a gradual decline, but rising interest rates will likely offset any savings. So with our beloved but rickety 2006 Altima facing another cruel […]

Ohio AG Yost rejects proposal to let Ohio voters decide on raising minimum wage to $15 an hour

BY: - October 21, 2022

The following article was originally published on News5Cleveland.com and is published in the Ohio Capital Journal under a content-sharing agreement. Unlike other OCJ articles, it is not available for free republication by other news outlets as it is owned by WEWS in Cleveland. Attorney General Dave Yost has rejected a petition to let voters decide if the […]

Costs of incarceration rise as inflation squeezes inmates, families

BY: - October 21, 2022

Across the nation, prison commissaries are raising prices on items that many consider basic necessities — from deodorant to fresh fruit — not provided by the state department of corrections. The markups come as decades-high inflation is also squeezing inmates’ families, making it harder for them to help.  It’s a burden that families shouldn’t have […]

In attempt to curb gas prices, Biden will release oil from emergency reserve

BY: - October 20, 2022

President Biden authorized the release of 15 million barrels of oil from the nation’s reserves Wednesday, part of an effort to lower gas prices as polling shows concerns over inflation are likely to hurt Democrats in congressional elections next month. The release from the Strategic Petroleum Reserve, a four-site complex of deep underground storage caverns […]

COMMENTARY

DeWine’s hypocrisy on American Rescue Plan dollars as garish as it gets

BY: - October 20, 2022

This is nothing new. Supposedly anti-“Big Government” state leaders slam D.C. politicians for “reckless spending” when D.C. gets things done on health care, education, infrastructure, the environment, stimulus, jobs, the economy. Then those state politicians turn right around and allocate billions in new funding, installing new federally funded programs and initiatives in their states. Then […]

Three takeaways from the final U.S. Senate debate

BY: - October 19, 2022

Heated exchanges bookended Monday’s U.S. Senate debate in Youngstown. Democrat Tim Ryan and Republican J.D. Vance criticized one another sharply on their records and stances. Digging into those conflicts offers a glimpse into their contrasting plans for the U.S. Senate. Since the U.S. Supreme Court ruling overturning Roe v. Wade, Democrats around the country have […]

Ohio farmers call for help

BY: - October 14, 2022

Ohio farmers and groups representing them say that they need access to foreign labor not just to get their products to market or to ease inflation. They say it’s a matter of national security.  For the first time, next year, U.S. agricultural imports are expected to exceed the nation’s exports, according to the U.S. Department […]